IN THE NEWS

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Boustead, Next Gen enter new phase in CAO venture

BOUSTEAD Holdings Bhd has entered into the next phase of its crude algae oil (CAO) venture with Next Generation Oil Sdn Bhd (Next Gen) with the signing of an agreement yesterday to subscribe to shares representing 10% equity interest in NextGen Group. In a statement yesterday, Boustead said the subscription agreement inked signifies the next

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Next Generation Oil Executive Chairman Dato Mohd Moiz was invited to speak at the WWF -Malaysia session on Our Planet: Our Business on 8th October, in conjunction with the IGEM conference.

https://vimeo.com/625037355/4c6ce711d1IGEM (the International Greentech & Eco Products Exhibition & Conference Malaysia) is an international exhibition and conference held annually in Malaysia. In 2020 IGEM was held virtually for the first time, spanning over 2 weeks. It attracted over 9000 visitors from 79 countries For this year’s IGEM, WWF-Malaysia, working in partnership with the British High

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Boustead, Next Generation to develop algae plantation

BOUSTEAD Holdings Bhd and Next Generation Oil Sdn Bhd (Next Gen) are jointly developing a new economic ecosystem with the use of renewable algae biofuel technology.  Boustead group MD Datuk Seri Mohammed Shazalli Ramly said both companies will develop the algae plantation and produce carbon-neutral crude algae oil that will help reduce greenhouse gas emitted

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Boustead in revamp deals

PETALING JAYA: Boustead Holdings Bhd made a slew of announcements yesterday ranging from a venture into planting and extracting algae oil to the disposal of a parcel of land located along Jalan Cochrane and the resignation of one of its board members. Yesterday, the loss-making conglomerate announced its venture into algae oil that would see Boustead partnering

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